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Understanding the 5Vs of Big Data

Acuvate

In order to understand at what point ‘data’ transitions into being ‘big data’, and what its key elements are, it is imperative that we study the 5 Vs associated with it: Velocity, Volume, Value, Variety, and Veracity. What is Big Data. Big data volume defines the ‘amount’ of data that is produced.

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How to Use Big Data For Improving Driver Safety

Acuvate

million lives a year, which costs most countries about 3% of their GDP and remains the leading cause of death of people between the ages of 15 and 29, a report by World Health Organization (WHO) claims. This goal seems achievable with massive advancements in automotive technology and big data. Altering Vehicle Performance.

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How Inovation Affects Leadership and Reskilling: Industry 4.0 Case

Idea to Value

means creating a team of managers, supervisors, and business leaders capable of embracing the fourth industrial revolution. Effective digital leaders will be critical for managing the continuously changing relationships between machines, technologies, and people in a new workplace environment. Leadership 4.0 AR and VR communications.

Industry 231
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So Where Is Innovation Heading?

Paul Hobcraft

These are big data analytics, the fast adoption of new technologies, mobile products and capabilities and digital design.See the above for the complete list on where innovation is heading, it makes interesting viewing. I liked the suggested digital design principles that BCG outlined in their report.

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Help Leaders Develop EQ with AI-Powered Coaching Techniques

Leapfrogging

Emotional Intelligence (EQ) refers to the ability to recognize, understand, and manage one’s own emotions, as well as the emotions of others. Self-Regulation : Managing your own emotions. Social Skills : Managing relationships to move people in desired directions. Empathy : Understanding the emotions of others.

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What I'ved learned so far about digital transformation and innovation

Jeffrey Phillips

It seems every day there are new reports on digital transformation and innovation. My good friend and collaborator Paul Hobcraft is constantly reviewing new reports and creating insights of his own, which inundate me with more information. Few are prepared to manage all the data that will soon be generated.

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Parkinson’s Law and the Peter Principle – are they relevant to innovation?

Idea to Value

10 people write 10 reports in 10 hours. If you hire 10 more people how many reports will all 20 people write in the same time? The reasoning is that first, managers crave power and more people to order about and, second, more people create more work for each other. How many incompetent managers do you see?

Big Data 149